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South Point

Learn about the people, housing, costs and businesses in South Point, Texas

Median Home$85,200
Population940
Leading IndustriesInformation & Media · Public Administration · Manufacturing12% information & media
Home Value Growth⬆⬆⬆+21.3% over 2 years
Family-Friendly28% of residentswell above average
Homeowners99% of occupied units
South Point
TX

Frequently Asked Questions

What are today's mortgage rates in South Point?

As of today, the 30-year fixed mortgage rate for South Point is approximately 7.064% (7.109% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in South Point?

The median home value in South Point is $85k. Annual property taxes average $793. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in South Point?

Home values in South Point have increased 21.3% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in South Point?

Based on a typical all-in ownership cost of $481/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $21k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in South Point is $53k/year.

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What industries drive the economy in South Point?

The largest employment sectors in South Point are public administration (34%) and information and media (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.